Jose Manuel

Juan Manuel is married and has 5 children. He lives in his own home and makes his living driving a taxi. He also receives a pension.

He is applying for this loan to build a room in his house, since he says his family has grown and they don't have enough space. He comments that he likes to be very responsible with his payments and ask for only what he needs.

He has a taxi that he drives from Monday to Sunday. During his breaks, he likes to go have breakfast and eat lunch at home.

For Juan Manuel, his most significant successes are educating his 5 children and having built his house. Now his challenge is to build some rooms so that his family can have more space.

Additional Information

About Kubo.financiero

Kubo.financiero is a regulated microfinance institution that provides accessible and affordable loans to borrowers in Mexico. Its online banking platform and other innovations enable Kubo to charge interest rates that are much lower than the average for MFIs in Mexico. By doing business in a new way -- leveraging technology and customized risk profiles -- the organization is able to support microfinance clients throughout the country. With funds from Kiva lenders, Kubo is able to expand its lending network even further, reach riskier clients who have less credit history, decrease interest rates for borrowers, and scale its service area.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.